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Toshiba Corp (TOSYY.PK)

TOSYY.PK on OTC Markets Group

11.75USD
27 Mar 2017
Change (% chg)

$-0.32 (-2.65%)
Prev Close
$12.07
Open
$11.82
Day's High
$11.84
Day's Low
$11.64
Volume
17,118
Avg. Vol
43,697
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$24.49
52-wk Low
$9.51

Latest Key Developments (Source: Significant Developments)

Toshiba: whether or not Westinghouse files for Chapter 11 is decision for Westinghouse's board
Sunday, 26 Mar 2017 05:40pm EDT 

Toshiba Corp <6502.T>:repeats whether or not Westinghouse files for Chapter 11 is ultimately a decision for Westinghouse's board.  Full Article

Tepco to link up with Intel to manage power grids in Asia and Africa -Nikkei
Tuesday, 21 Mar 2017 05:53pm EDT 

Nikkei: Tepco to link up with intel to manage power grids in Asia and Africa -Nikkei . Tepco also aims to combine its fossil fuel power business with that of regional peer Chubu Electric Power in fiscal 2019-Nikkei .Tepco Power Grid to sign a MOU with an Intel cybersecurity company, NTT Data, Toshiba and others as early as this month- Nikkei.  Full Article

Midea Group interested in investing in Toshiba's semiconductor unit - Nikkei
Tuesday, 7 Mar 2017 05:44pm EST 

Nikkei :Midea Group is interested in investing in Toshiba's semiconductor unit - Nikkei.  Full Article

Toshiba Machine completes 31.3 mln shares' buy-back; top shareholder Toshiba cuts stake in co to 2.77 pct from 22.11
Thursday, 2 Mar 2017 09:43pm EST 

Toshiba Machine Co Ltd <6104.T> : Says co completes repurchase of 31.3 million shares of its common stock for totaling 15.85 billion yen on March 3, as result of buy-back plan for 22.37 percent stake of shares (34 million shares) .Says co's former top shareholder Toshiba Corp <6502.T> sold tendering securities 30.2 million shares (18.1 percent stake of shares outstanding) in co, cutting stake in co to 2.77 percent from 22.11 percent.  Full Article

Toshiba Corp has begun bidding process for its memory chip business - Nikkei
Thursday, 2 Mar 2017 12:02pm EST 

Nikkei: Toshiba Corp has begun the bidding process for its memory chip business - Nikkei .Toshiba will take proposals from companies,investment funds through March 29 covering their desired ownership stake,payment offer,other terms - Nikkei.  Full Article

Westinghouse to supply OKG with nuclear fuel until 2030
Monday, 27 Feb 2017 04:00am EST 

Westinghouse Electric Company: Westinghouse to supply OKG with nuclear fuel until 2030 .Westinghouse - Under terms of contract, Westinghouse will continue to provide reload fuel assemblies for remaining Oskarshamn 3 unit until 2030..  Full Article

Vuzix enters into development agreement with Toshiba
Friday, 24 Feb 2017 09:00am EST 

Vuzix Corp : Vuzix enters into development agreement with Toshiba for a customized smart glasses device . Vuzix - has signed an agreement to build a customized pair of smart glasses, for Toshiba Client Solutions Co. Ltd., subsidiary of Toshiba Corporation .Vuzix Corp - Toshiba expects to place additional purchase orders from Vuzix for production deliveries in 4th quarter of 2017.  Full Article

Toshiba unit to sell coal-fired power generation business for 22 bln yen
Friday, 24 Feb 2017 02:02am EST 

Toshiba Corp <6502.T>: Says it decided to transfer Miike Power Plant, a coal-fired power generation business operated by Sigma Power Ariake Corp to the IDI infrastructures #3 Limited Liability Partnership managed by IDI infrastructures Inc., an energy and infrastructure business investment fund . Says Sigma Power Ariake Corp is a subsidiary of Sigma Power holdings Limited Liability Company, a wholly-owned consolidated subsidiary of Toshiba . Says the selling price is 22 billion yen .Says effective March 31.  Full Article

Toshiba to split memory business to unit
Thursday, 23 Feb 2017 11:50pm EST 

Toshiba Corp <6502.T> : Says it plans to split its memory business to its wholly owned unit Toshiba Memory Corp, on April 1 . Says the transferred memory business refers to development, manufacturing, and sales of Memory and related products (including SSDs, but excluding image sensors) operated by Toshiba's Storage & Devices Solution Company .Details remain not determined.  Full Article

Toshiba to sell 65 pct stake in Toshiba Medical Finance to Canon
Tuesday, 21 Feb 2017 01:17am EST 

Toshiba Corp <6502.T>: Says the co plans to sell its 65-percent-owned unit Toshiba Medical Finance to Canon Inc <7751.T>, with selling price at 3.14 billion yen . Says Canon Inc to hold 100 percent stake in the target company after the acquisition .Says effective date on March 31.  Full Article

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Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday: source

TOKYO Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, seeking a quick ringfencing of losses before the Japanese parent's financial year ends.

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